Automated DOTs byt date, Need Checkbox TRUE to equeal Green Dot

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So, I am workng on a invoice tracker that currently is using RGY dots for past due invoices by date.

I need to alos formulate that if checkbox 9 is true then status"Green"

=IF([Payment Due Date]7 < TODAY(), "Red", IF([Payment Due Date]7 > TODAY(), "Yellow", IF([Payment Due Date]7 = TODAY(), "Green")))

This will change the payment status to green once the past due date is paid complete.

Any help would be greatly appreciated.

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